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20121123
20121123
Search Results 0 to 12 of about 13 (some duplicates have been removed)
CNBC
Nov 23, 2012 9:00am EST
talk about the fiscal cliff and recession. this is not as if a fire and brimstone will ring down on the earth on january 1st. slow and steady decline. when i tell people i expect us to breach this and go into the new year, i don't think that this is going to be the power goes out on january 1st. there will be a debate and slope. if you resolve this in a week or week and a half or two weeks, not much will happen economically speaking. the economy will not fold in on itself and we'll have this conversation eating spam in cave in the woods. >> that's good to know. he may be judging from what his weekends are like. >> that's an official view. >> where's the love? happy holidays to everybody. >> spam is not good. >> it's delicious. >> dan, thanks for stopping by. sears, kmart, walmart, best buy adding last-minute deals to sales list for black friday shoppers. find out what the deals are when president and chief marketing officer of sears and kmart joins us. that's next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that
FOX Business
Nov 23, 2012 12:00pm EST
more jobs and that is what it is down to. if this fiscal cliff subject as to the first we have to make progress on that and have an agreement and once we say here is our agreement we have to work on it in the spring season as well so this becomes a way of life as opposed to a one time opportunity to. and avoid the fiscal cliff. cheryl: you will be hiring in 2013. >> we are indeed. we actually hired 80,000 employees for the holiday season alone on top of our 175,000. we have been doing well and fortunate in that regard. 11 quarters in a row and same store earnings growth and sales growth and the same will happen in the fourth quarter. to do that we will be hiring. cheryl: after the interview i asked about thinking about retiring, you've done so much, and do what? i am sticking around for a long time. the chairman and ceo of macy's speaking to fox business day. we have 49 minutes to go. seres makes big changes for black friday. providing big discounts. still wine retailer fit -- taylor's to the techys. the impact of holiday sales. investing in bonds, high-yield separatist monster returns
FOX News
Nov 23, 2012 1:00pm PST
. ♪ >> well you, probably think you're paying the at the pump. as the talks wind down on the fiscal cliff talks, a higher gas tax in the deal. the market watcher says that they can't afford to pay anymore. it could be good for the economy, margery how so? it's regressive tax, hits those without money. >> and how do we pay for necessary things, and not create are more deficit. and what this tax would do, we already have a 18 cents tax and most states have a gas tax in california 64.8 cents per gallon and you don't see the economy suffering, and the consumers and seen 1.50 jump in gas prices. what this would probably do, we don't have it on paper is pay for things like road repairs and necessary things like that. why is it good? it encourages innovation, car pooling, people to kind of watch, and conserve frankly we have to think about the national security issues and conservation. >> nan: kevin, i know you don't agree with this one. >> no, i can't believe that a gas tax could be the answer to the fiscal cliff or anything else, more taxes not the answer here, and the stronger economy, but th
MSNBC
Nov 23, 2012 7:00am PST
. >>> plus, fiscal cliff diving. the countdown to the new year is counting down to economic disaster. what will it take to reach a compromise and pull the country back from the edge before january 1st. >>> the holiday season kicking into gear. we'll take you all around the country. meantime, relative calm between israel and gaza following the cease fire did not last very long. today a clash at the poirder left one palestinian dead and 15 wounded. as usual, we are hearing two different versions of this cease fire version. we have two reporters there. aman, i'll begin with you. what are they saying about the glash at the gaza border today? >> they're saying that the palestinians, 300 of them approached the israel/gaza border on the palestinian side of it. they went there to access their farm land. that area is considered mostly essentially farm land for those families. a lot of people earn their livelihoods from there. they were going there to protest and demand that they have the right to go as far up to the border as possible. the reason why is because over the years israel has imposed a n
MSNBC
Nov 23, 2012 8:00am PST
for the president or could a fiscal cliff deal on top of re-election get him any political capital to flex some political muscle? >> well, i hope it was the latter. i was at the white house when the republicans took down clinton's nominee. i watched as they took down senator tower who was to become the republican secretary of defense. both parties do this unfortunately after an election. the losing party almost seeming to want some sort of sacrificial lam out there. i hope this, that what this nation most wants is to have trust once again in washington, d.c. it's a part of the program down in washington that doesn't seem to be there. while i have great respect for senator mccain who threatened to filly buster this. i couldn't have done what he did as a prisoner of war. as a fellow naval officer. i would ask him accountability for the overall public good not the party. i hope that unless he can show with firmness that there is a fact, there is some sort of issue out there that really isn't a political assertion, a partisan issue, that he is an american before he is a partisan. let's move on. ame
FOX Business
Nov 22, 2012 7:00pm EST
recession. >> absolutely. so the fiscal cliff is a contraction in the government imposed into the economy of 45% of gdp. on the first order that will hit and reduce economic growth from 2 percent down some-1,-2 very easily. lou: in your judgment would be helpful, profoundly helpful for congress and this president to agree that there will leave everything, create a status quo for negotiations on a reform of the tax code that would take place over the course of six to nine months next year and hold in abeyance any changes just simply stopping, for the first time in some time ever, congress and our president actually think through public policy. >> absolutely. tax-cut reform on the one hand, and salomon reform on the other. if congress and the president move in that direction it would be a very, very positive signal that the political process is actually functioning. lou: a real quickly, we're out of time. some symbols, reasonable template. >> i think it is. lou: thank you for being here. president obama's reelection reigniting the debate about illegal immigration. what a republican ship on
MSNBC
Nov 23, 2012 11:00am PST
signifily after the election on fiscal cliff happen? people are starting to pull money out of stocks and dividend dividends a little les valule. thatee the market continue to go down resolved and could see a plunge if we hit january 1stnto effect. he flip side of that, if washington actually gets i resolve this in a better wthan could have a prett good economy weoupickup in the stock market. if they make a deal that's not expected, i think wwould see an immediate impact. i think we're going to see a deal that comes out of dribs and of a lastg minute thing and al see it coming when it does tend fiz bole, the cbo, ben bernanke who coined the term fiscal cliff. they have predicted if a deal is not reached, the conen any chance that if a deal is not reachethat perhaps that's an overstatement? >> we need to keep in mind, this is not one measure that's an all or nothing type of deal. the taxes we keep hearing about are ne different ss of taxes then there are the spending cuts which affect literally hundreds and hundreds of government allo some of those this tointo effect and not the othe
CNBC
Nov 23, 2012 6:00am EST
the fiscal cliff, the stock market is going to grab those down on the vortex. >> what's going on down there on the floor, rick? some better news out of germany? some better news out of china. i also thought i saw greek yields coming down if that were possible. >> i guess it is possible. you have to be careful what greek yields you look at. there aren't that many matures i would say are actively trading. you know, there's a holiday flavor to the market. the pits are pretty full. when i used to trade, i would find holiday markets can be profitable if you're patient. we're up close to 40 points in preopening dow futures. up a handful, four points in s&ps. i would think that look for those early morning trends to continue. equities are going to float a bit higher. i think the treasury market is going to be absolutely comatose between 166 and 169 on tens and maybe that's even too wide around 167 right now. the big deal is next week. we have meaty data points, steve. many are looking for a rather substantial upward revision on our second look at third quarter gdp. i'm not sure if i buy into
FOX Business
Nov 23, 2012 6:00pm EST
into the fiscal cliff negotiations so for two large drugstore chains to say you got to get going. gerri: interesting to see if he derail everything. liz: they have a seat at the table. is not political. it seems to me when you read what they say it is not like they are saying we want a voice in what is going on. there saying our customers are concerned. of coursit is a revenue problem. shoppers and consumers are not coming in because they're worried about the fiscal cliff. gerri: all singing the with one voice. interesting to see if anybody hears that. thanks for coming on. appreciate it. guess what else has joined the fiscal liftoff? the federal gas tax, special interests in washington are pushing for an increase in the gas tax which has been stuck at the same ratfor 20 years. right now the federal gas excise ta stands at 18.4 presented gallon. it raises $37 billion a year from american motorists but the federal government spent more than that, $52 billion a year on highways so there's a $15 billion shortfall which has to be borrow and added to the deficit every year. naturally is part
FOX
Nov 23, 2012 5:00am PST
as those fiscal cliff negotiations get under way. supporters are pushing lawmakers to protect social social security, medicare, and medicaid. the lobbiest with the defense industry they are also trying to fight spending cut backs. and the companies that make medical devices they are are trying to block new taxes from taking effect on their products because of the new health care reform law. a package of tax hikes and spending cuts known as the fiscal cliff will take effect in january unless congress can do something to balance the budget. >>> happening right now workers at walmart stores starting to walk off the job during the big holiday shopping rush. i want to take you to texas just got this in. workers walked off the job right as shoppers were getting ready to go into the store. other protests are planned in walmarts throughout the bay area. employees say they want walmart to pay better wages. while some say they will still shop at al port others say -- walmart others say they will support those workers. >> if they walk out, i'm not going to shop until they settle with them. you can bet
FOX News
Nov 23, 2012 6:00am PST
conservative. this will empower the president in the fiscal cliff negotiation stph-s a fair & balanced debate on that. one indiana county slammed with the largest outbreak of chickenpox in the nation. more than 80 kids down with the illness, hundreds sent home from school. how is this happening when there is a vaccine readily available. a physician of family medicine here to tell us all there and more when we join you at the top of the hour for "happening now." patti ann: looking forward to it. and also coming up oscar winning actress halle berry in the middle of a dramatic thanksgiving fight between her former and current boyfriends. it all led to charges of battery and arrests. we have that whole story coming up. it's my favorite time of year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is on top of other rewards and discounts i already get. best of
Search Results 0 to 12 of about 13 (some duplicates have been removed)